The pandemic COVID-19 has broken some old conventions and accelerated other trends of hiring. One of the trends that accelerated during the pandemic was skill-based hiring. For many years, we have seen that candidates couldn't get a good job or a meaningful career until they went to college and earned their degree.
On some level I believe, it made sense as candidates go to college and get a degree, they gained knowledge in their chosen field.
But now, there has been a gradual shift in the ways organizations hire new talent. Here enters ‘skills-based matching’: an approach that assesses applicants based on their holistic skill set, rather than just industry experience or specific educational credentials. Instead of their last job title, evaluating applicants based on skills can help fill critical roles with the best talent. The benefits of skills-based hiring includes:
1. Source Top Talent By Thinking Beyond Educational Requirement
Educational qualifications create an unnecessary barrier to in-demand jobs. The maximum hiring in growing organizations and industries like technology, recruitment, healthcare, and management requires a bachelor's degree. Even though a number of these jobs can and should be viable for those without advanced education, significantly skill-based hiring will expand the candidate pool for recruitment.
2. Reducing Unconscious Bias in the Hiring Process
Unconscious bias is one reason for the "leaky pipeline" in which deserving candidates are less likely to get selected than candidates who have a reference. In this case, AI has proved itself to be beneficial while shortlisting candidates for a vacancy. With the use of tools like CandidateZip, a global provider of fast and easy hiring workflows for recruiters. Through this tool, recruiters can manage resumes/jobs easily in their recruitment process without any technical hassle. HR professionals can automate the process & quickly select the most relevant candidate. This will help recruiters in closing jobs quickly and speeding up the hiring process.
3. Facilitating Internal Moves to Respond Faster to New Demands.
The pandemic has brought substantial changes to how we live and work. The same should be valid for how we hire and look for employment. A skills-based approach helps companies, job seekers, and the broader communities rely on critical roles filled with the best talent. Organizations that better adapt to these changes and recognize how employees' skills could transfer to other parts of the business will survive this change.
I usually feel that skill-based hiring helps organizations to grow. However, removing unconscious bias and hiring employees based on their skills will increase the organization's productivity as well.